Estonian Private Equity & Venture Capital Industry Review 2016

In 2016 EstVCA members invested €74m compared to €19,2m in 2015. 385% growth in investments is driven by Baltic Innovation Fund. BIF funds have raised €325m with €132m coming from local pension funds. EstVCA member AUM is €636m. There are 93 active portfolio companies with total number of employees reaching 12 383 people and combined turnover is €1,3bn.